David Van Ludwig
CIK 1628293 · View on SEC EDGAR ↗
First SEC filing: Dec. 18, 2014 · Latest: Dec. 18, 2014
On this page
- Insider at Companies where this person is a reporting insider.
- Insider transactions Every share this person bought or sold, from Form 4 filings.
- Derivatives Options and other derivative holdings reported by this person.
- Initial holdings The stakes this person held when they first started reporting.
- Compensation Executive pay disclosed in company proxy statements.
Insider at
Insider transactions
Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted
| Date | Ticker | Code | Shares | Price | Value | Owned after | Δ own | A/D | vs now |
|---|---|---|---|---|---|---|---|---|---|
| March 11, 2025 | HGBL | S 10b5-1 | 7,000 | $1.97 | $13,790 | 900,479 Direct | -0.77% | Disposed | -41.0% (price as of 2026-08-19) |
| March 6, 2025 | HGBL | S 10b5-1 | 10,000 | $2.07 | $20,700 | 907,479 Direct | -1.09% | Disposed | -43.9% (price as of 2026-08-19) |
| March 4, 2025 | HGBL | S 10b5-1 | 10,000 | $2.05 | $20,500 | 917,479 Direct | -1.08% | Disposed | -43.3% (price as of 2026-08-19) |
| Feb. 26, 2025 | HGBL | S 10b5-1 | 10,000 | $2.02 | $20,200 | 927,479 Direct | -1.07% | Disposed | -42.5% (price as of 2026-08-19) |
| Feb. 19, 2025 | HGBL | S 10b5-1 | 10,000 | $2.24 | $22,400 | 937,479 Direct | -1.06% | Disposed | -48.1% (price as of 2026-08-19) |
| Feb. 12, 2025 | HGBL | S 10b5-1 | 10,000 | $2.24 | $22,400 | 947,479 Direct | -1.04% | Disposed | -48.1% (price as of 2026-08-19) |
| Jan. 29, 2025 | HGBL | S 10b5-1 | 10,000 | $2.13 | $21,300 | 957,479 Direct | -1.03% | Disposed | -45.4% (price as of 2026-08-19) |
| Jan. 15, 2025 | HGBL | S 10b5-1 | 10,000 | $2.07 | $20,700 | 967,479 Direct | -1.02% | Disposed | -43.9% (price as of 2026-08-19) |
| Jan. 8, 2025 | HGBL | S 10b5-1 | 10,000 | $1.99 | $19,900 | 977,479 Direct | -1.01% | Disposed | -41.6% (price as of 2026-08-19) |
| Dec. 18, 2024 | HGBL | S 10b5-1 | 10,000 | $1.75 | $17,500 | 987,479 Direct | -1.00% | Disposed | -33.6% (price as of 2026-08-19) |
| Dec. 5, 2024 | HGBL | S 10b5-1 | 10,000 | $1.76 | $17,600 | 997,479 Direct | -0.99% | Disposed | -34.0% (price as of 2026-08-19) |
| Dec. 3, 2024 | HGBL | S 10b5-1 | 10,000 | $1.77 | $17,700 | 1,007,479 Direct | -0.98% | Disposed | -34.4% (price as of 2026-08-19) |
| Nov. 21, 2024 | HGBL | S 10b5-1 | 10,000 | $1.63 | $16,300 | 1,017,479 Direct | -0.97% | Disposed | -28.7% (price as of 2026-08-19) |
| Nov. 19, 2024 | HGBL | S 10b5-1 | 10,000 | $1.61 | $16,100 | 1,029,304 Direct | -0.96% | Disposed | -27.8% (price as of 2026-08-19) |
| Nov. 19, 2024 | HGBL | S 10b5-1 | 10,000 | $1.61 | $16,100 | 1,027,479 Direct | -0.96% | Disposed | -27.8% (price as of 2026-08-19) |
| Aug. 15, 2023 | HGBL | P | 1,825 | $3.30 | $6,022 | 1,039,304 Direct | +0.18% | Acquired | -64.8% (price as of 2026-08-19) |
| Aug. 14, 2023 | HGBL | P | 4,583 | $3.12 | $14,299 | 1,037,479 Direct | +0.44% | Acquired | -62.8% (price as of 2026-08-19) |
| March 23, 2022 | HGBL | P | 8,000 | $1.34 | $10,720 | 1,025,605 Direct | +0.79% | Acquired | -13.3% (price as of 2026-08-19) |
| Aug. 8, 2019 | HGBL | P | 1,000 | $0.70 | $700 | 681,605 Direct | +0.15% | Acquired | 66.0% (price as of 2026-08-19) |
| Aug. 8, 2019 | HGBL | P | 130,000 | $0.72 | $93,600 | 811,605 Direct | +19.07% | Acquired | 61.4% (price as of 2026-08-19) |
| Aug. 8, 2019 | HGBL | P | 6,000 | $0.72 | $4,320 | 817,605 Direct | +0.74% | Acquired | 61.4% (price as of 2026-08-19) |
| May 13, 2019 | HGBL | P | 45,000 | $0.55 | $24,750 | 680,605 Direct | +7.08% | Acquired | 111.3% (price as of 2026-08-19) |
| May 10, 2019 | HGBL | P | 2,605 | $0.58 | $1,511 | 635,605 Direct | +0.41% | Acquired | 100.3% (price as of 2026-08-19) |
| May 8, 2019 | HGBL | P | 40,500 | $0.58 | $23,490 | 633,000 Direct | +6.84% | Acquired | 100.3% (price as of 2026-08-19) |
| Sept. 3, 2015 | HGBL | P | 100,200 | $0.18 | $18,036 | 292,500 Direct | +52.11% | Acquired | 545.6% (price as of 2026-08-19) |
| Sept. 2, 2015 | HGBL | P | 11,300 | $0.18 | $2,034 | 192,300 Direct | +6.24% | Acquired | 545.6% (price as of 2026-08-19) |
P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding
Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.
Derivative holdings (Form 4 Table II)
Options, RSUs and convertible securities reported on Form 4 Table II.
| Date | Ticker | Security | Underlying | Exercise price | Expiration | Shares | A/D |
|---|---|---|---|---|---|---|---|
| March 28, 2022 | HGBL | Option to purchase common stock | Common Stock (21,250) | $0.70 | June 1, 2029 | 21,250 | Disposed |
| Aug. 25, 2021 | HGBL | Option to purchase common stock | Common Stock (200,000) | $0.45 | Dec. 9, 2026 | 200,000 | Disposed |
| June 1, 2021 | HGBL | Option to purchase common stock | Common Stock (40,000) | $2.81 | June 1, 2031 | 40,000 | Acquired |
| June 1, 2020 | HGBL | Option to purchase common stock | Common Stock (45,000) | $1.41 | June 1, 2030 | 45,000 | Acquired |
| May 2, 2019 | HGBL | Option to purchase common stock | Common Stock (42,500) | $0.70 | June 1, 2029 | 42,500 | Acquired |
| Dec. 9, 2016 | HGBL | Option to purchase common stock | Common Stock (200,000) | $0.45 | Dec. 9, 2026 | 200,000 | Acquired |
Exercise/conversion price is blank when not applicable (e.g. RSUs).
Initial ownership (Form 3) 1 holding
Securities held when first becoming an insider, per SEC Form 3.
| Date | Ticker | Security | Shares | Ownership |
|---|---|---|---|---|
| Dec. 18, 2014 | HGBL | Common stock | 181,000 | Direct |
Compensation (DEF 14A)
Matched by name from proxy statements (DEF 14A) — verify against the filing.
| Fiscal year | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension change | Other | Total |
|---|---|---|---|---|---|---|---|---|
| 2025 | $400,000 | — | — | — | $621,587 | — | — | $1,021,587 |
| 2024 | $400,000 | — | — | — | $1,045,593 | — | — | $1,445,594 |
| 2023 | $400,000 | — | — | — | $1,312,553 | — | — | $1,712,553 |
Figures from the Summary Compensation Table of the company's proxy statement (DEF 14A). Compensation is not a recommendation.